Cost of living in Monaco

Summary of cost of living in Monaco

  • Family of four estimated monthly costs: €8,449
  • Single person estimated monthly costs: €6,481
  • WARNING!  These estimates are based on only a few data points. At the moment, you should treat them only as a best guess.

List of prices in Monaco
Current as of Nov 2021.

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Food Update prices
Basic lunchtime menu (including a drink) in the business district €24
Combo meal in fast food restaurant (big mac meal or similar) €9
500 gr (1 lb.) of boneless chicken breast -
1 liter (1 qt.) of whole fat milk €1.59
12 eggs, large €4.32
1 kg (2 lb.) of tomatoes €2.70
500 gr (16 oz.) of local cheese €8
1 kg (2 lb.) of apples €3.14
1 kg (2 lb.) of potatoes €4.86
0.5 l (16 oz) domestic beer in the supermarket €2.07
1 bottle of red table wine, good quality €9
2 liters of coca-cola €3.55
Bread for 2 people for 1 day €2.71
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Housing Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area €6,350
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area €4,862
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €190
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area €3,652
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area €2,660
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio €99
Internet 8 mbps (1 month) €34
40” flat screen tv -
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) -
Laundry detergent (3 l. ~ 100 oz.) €9
Hourly rate for cleaning help €17
Clothes Update prices
1 pair of jeans (levis 501 or similar) -
1 summer dress in a high street store (zara, h&m or similar retailers) -
1 pair of sport shoes (nike, adidas, or equivalent brands) €90
1 pair of men’s leather business shoes -
Transportation Update prices
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new €24,489
1 liter (1/4 gallon) of gas €1.61
Monthly ticket public transport €33
Taxi trip on a business day, basic tariff, 8 km. (5 miles) €27
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Personal Care Update prices
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) -
1 box of antibiotics (12 doses) €6
Short visit to private doctor (15 minutes) €80
1 box of 32 tampons (tampax, ob, ...) -
Deodorant, roll-on (50ml ~ 1.5 oz.) -
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) -
4 rolls of toilet paper -
Tube of toothpaste -
Standard men's haircut in expat area of the city €45
Entertainment Update prices
Basic dinner out for two in neighborhood pub €60
2 tickets to the movies €22
2 tickets to the theater (best available seats) €432
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert €96
1 cocktail drink in downtown club €19
Cappuccino in expat area of the city €4.10
1 beer in neighbourhood pub (500ml or 1pt.) €5.88
Ipad wi-fi 128gb €865
1 min. of prepaid mobile tariff (no discounts or plans) -
1 month of gym membership in business district -
1 package of marlboro cigarettes €7
WARNING!  These prices are based on only a few data points. At this point they are mostly a guess. They are based on 89 prices entered by 7 different people.
Latest price update: November 28, 2021

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International Cost of Living Index

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